Daewon Pharmaceutical achieves good performance in the third quarter… operating profit surges by 68%

Daewon Pharmaceutical headquarters building

(Health Korea News / Changyong Lee) Daewon Pharmaceutical was found to have achieved good performance in the third quarter of this year.

According to information announced by the company on the 14th, operating profit in the third quarter of this year was KRW 11.3 billion, a 68.79% increase compared to the same period last year (KRW 6.7 billion).

Sales and net profit also increased by 21.59% and 5.82%, respectively, compared to the same period last year, to KRW 156.8 billion and KRW 5.6 billion.

Cumulative sales for the first to third quarters amounted to KRW 453 billion, an increase of 17.35% compared to the same period last year (KRW 386 billion). However, cumulative operating profit and accumulated net profit decreased by 3.02 and 45.93% compared to the same period last year, respectively, to KRW 25 billion and KRW 12.3 billion.

(Daewon Pharmaceutical’s consolidated operating performance for the third quarter of 2024)

division(unit: million won%)

Current performance

previous year performance

Rate of change compared to the previous quarter

Performance for the same period last year

Rate of change compared to the same period last year

(24year 3branch)

(24year 2branch)

(23year 3branch)

take

Current performance

156,831

137,959

13.68%

128,979

21.59%

Cumulative performance

453,091

386,099

17.35%

operating profit

Current performance

11,380

-1,354

Turn into surplus

6,742

68.79%

Cumulative performance

25,004

25,782

-3.02

net profit

Performance of the year

5,639

-2,269

Turn into surplus

5,329

5.82

Cumulative performance

12,359

22,859

-45.93

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Source: www.hkn24.com